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Bank of Georgia is conducting a stock buyback program

Bank of Georgia Group Plc (GB:BGEO) has released an update.

Bank of Georgia Group PLC has announced the repurchase of 12,500 of its own shares on the London Stock Exchange as part of a share buyback and cancellation program initiated on March 15, 2024. The shares were purchased at an average price of 3775.6652p, with the price range between 3725.0000p and 3825.0000p per share. Following the redemption, these shares will be held in the treasury until canceled, reducing the total number of voting shares to 45,170,931.

For more insight into GB:BGEO stock, check out TipRanks’ Stock Analysis Page.

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